Well Folks I sent emails to Neil on the 06/5/2020 / & 07/5/2020 Asked him A few Question !!
He Sent me some good replies but with two replies I thought they were a bit of a run around answers back.!!
So I resent them back & aked neil to give me real answers this time around back
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The last email question were will cann-tab be before this year, that s right very simple Question was will cann tab be this year !!
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I feel Your last replies were a bit of run around Neil sorry to say that but you never did answer those question a yes or no more to the point
Hope you can answer all this Questions spot on this time around !!
The above was last email sent on the 16/05/2020
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Guess what I got a reply on the 17/05/2020 one day before Trading halt !! this what he sent me back
Thanks for your comments and I do acknowledge your concerns. Zessina
I want to reassure you that I will always respond to our shareholders with respectful and appropriate responses based on the latest information provided to me at the time. I also fully respect and understand that at times, companies will not be able to answer every question, to the complete satisfaction of investors, if these questions relate to exact time schedules, manufacturing or logistics. I will though, do my best to give you as much information that I am able to provide, within our reporting obligations as an ASX listed company.
Regarding dates etc: At times, delays may occur if there are unforeseen changes in licencing approvals, climatic events, logistic hold-ups etc. Medical Cannabis, as you know, is still in the first three year infancy period, and is subject to multiple security and legislative processes which involve various levels of State and Federal government across multi-country jurisdictions; like Cann -tab in Canada and Pharmocann in Israel. Formulation of products, using a previously restricted product, also requires more stringent testing and govt. approvals before any products are released to the market. The company will provide to the market the best estimate of delivery times based on our discussions with the relevant authorities for approvals of certificates, permits and licenses and food product approvals.
As mentioned in my last email, our Operational reports will provide you with the best at hand information based on schedules and discussions with our partners.
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(( Regarding the question on Pharmocann, their visit to BioHealth, and are we at a standstill:We are definitely moving forward! )) Has This got Something to do with Trading Halt !!!!!!!!!!!!
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In our recent Quarterly, Page 3 - Quote: " In our previous quarterly report, we announced that through our Joint Venture with Pharmocann Israelwe had commenced developing our first range of skincare products. Today we are pleased to advise thatthe creation of the formulas for our Women’s cosmeceutical range is now completeand in collaboration with Pharmocann’s team of expertswe are progressing with the brand strategy and packaging graphics.Our sales and marketing team are working on an effective product positioning strategy to ensure we establish a strong identity for our new brand which will improve our competitive strength.The company has commenced talks with consulting agencies to set up multiple channels of distribution both locally in Australia, New Zealand and in Asia."
Regarding the question about Cann-tab: Page 7 of our H Yearly 6 weeks ago - Quote:"The Company iscurrently working on the permits for importand will announce to market as soon as a definite date for import is secured."
As more information comes to hand, CGB will happily and promptly update the market and its shareholders on our progress with Cann-tab.
Thank you for your patience.
Keep safe and hope your family is well.
Regards,
Neil
Zessina hope this time around we all go above 1c
